Czechia meets NATO defence spending target of two percent of GDP

Czechia spent CZK 171.1 billion on defence last year, meeting its legal target of allocating at least two percent of GDP to military spending, Finance Minister Alena Schillerová announced on Tuesday.

Defence spending reached 2.02 percent of GDP, fulfilling both a domestic requirement and a key NATO benchmark. The two-percent goal had been pledged by Prime Minister Andrej Babiš and was also planned by the previous government.

NATO member states agreed last year to aim for higher defence spending by 2035, a target that Babiš has previously described as unrealistic.